All Stories

Verizon to Acquire EdgeCast for More Than $350 Million
/ December 9, 2013 2:51 pm

edgecastTechCrunch reports that Verizon plans to venture into the content delivery business with the acquisition of EdgeCast Networks. EdgeCast is a content delivery network based in Los Angeles, which provides CDN services similar to Twitter, Pinterest and Hulu. The deal is expected to be valued at more than $350 million. EdgeCast has more than 6,000 clients. For the past few years, the company has been earning profits. Read More

Leave a Reply

= 5 + 5

Get Adobe Flash player